The Japanese Yen weakened to its softest points against the US Dollar since November. Meanwhile, retail traders are not becoming any less bearish, opening the door for USD/JPY to continue higher.
Nikkei Slips 0.1%, Dragged by Electronics Stocks
Japanese stocks were slightly lower in early trade, dragged down by falls in electronics stocks as concerns resurface about further Fed tightening following fresh signs of U.S. economic strength.
Osaka to return for 2024 Australian Open
Four-time Grand Slam champion Naomi Osaka plans to return to tennis in time for the 2024 Australian Open, saying Wednesday her break from the sport "really fueled a fire in me".She has won four Grand ...
China and Japan use new tricks to stifle US dollar
The stage is set as China and Japan craft strategic maneuvers to mitigate the overbearing strength of the US dollar. Their determined tactics are in response to an intimidating rally by the greenback ...
Taylor Swift’s Banner Won’t Return to Crypto.com Rafters for Lakers, Clippers Games
Taylor Swift's banner will not be returning to the rafters at Crypto.com Arena any time soon. The banner, which Kobe Bryant presented to Swift for her
Visa, X (Twitter) making big moves into crypto payments
Major platforms representing a range of industries — including Visa, X (formerly Twitter), Swift and more — are working to add cryptocurrency payments for users as they explore a range of new integrations.
Feds charge Piermont investor with stealing $1.5M, saying he’d invest it in stocks, crypto
Investor Jeffrey Tognetti of Piermont is charged with bilking his clients out of at least $1.5 million for personal use, federal authorities said.
Japan won’t rule out options to halt FX speculation, officials say
TOKYO, Sept 6 (Reuters) - Japan's top currency diplomat Masato Kanda said on Wednesday ... but 150 yen may be a psychological line that could trigger intervention." Kanda, vice minister of finance for ...
Arm Holdings IPO: SoftBank’s Chip Maker Could Go Public As Soon As Next Week
With concerns about the smartphone market and its exposure to China, Arm has a potential uphill battle to achieve its valuation.
Japanese Yen and Nikkei on the Move as Officials Send Latest Warning
The Japanese yen nervously depreciates to levels that could trigger another round of FX interventions after officials communicate disconnect between rate and fundamentals ...
China and Japan push back against dollar strength
People’s Bank of China sets renminbi trading band higher than expected while Tokyo warns against yen’s decline ...
KKR to list chip equipment maker as Tokyo experiences IPO revival
The suddenness of the Marelli crisis raised red flags among Japanese banks and hurt KKR’s reputation in the country. People close to the IPO plans said the group intended to list Kokusai during a ...
Japan shares extend highs as weak yen boosts autos, energy stocks gain
Japanese equities closed at new highs on Wednesday, with the weakest yen rate since November boosting automakers, while energy shares outperformed amid a surge in crude oil prices.
Japan’s Mizuho bank to join MUFG’s stablecoin platform
Mitsubishi UFJ Trust and Banking Corporation and Web3 developer Ginco Inc. have partnered to introduce what they call Japan's first "crypto asset trust." ...
There are just six bitcoin billionaires in the world, new crypto super-rich report says
Hundreds of millions of people have crypto investments, but only few of them have holdings worth more than $1 million, a new survey shows.
Opening of Osaka casino resort delayed one year to 2030
OSAKA--The nation's first casino-centered integrated resort (IR), planned on a manmade island here, remains a safe bet although the opening will be pushed back a year to around autumn 2030.